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U.S. Showed No Job Growth in August; Rate Stays at 9.1% — The economy showed no job growth in August, the first time there has been no increase in net jobs in the United States in 11 months. — The flat performance in the job market was down sharply from a revised 85,000 gain of jobs in July …
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Associated Press, The Atlantic Online, Felix Salmon, Washington Post, Economix, Gothamist, Guardian, The American Independent, Calculated Risk, Real Time Economics, Outside the Beltway, Daily Kos, Ricochet Conversation Feed, Online NewsHour, Gawker, Hugh Hewitt's TownHall Blog, americanthinker.com and Balloon Juice
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Economy Gains No Jobs in August, Rate Holds at 9.1% — The US economy created no jobs and the unemployment rate held steadily higher at 9.1 percent in August, fueling concerns that the US is heading for another recession. — It was the first time since World War II that the economy had a net zero jobs created for a month.
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Employment Summary, Part Time Workers, and Unemployed over 26 Weeks — This was a very weak report, so let's start with a few positives: — • August is over. Just like in June, when employment was impacted by the tsunami in Japan, employment in August was impacted by the debt ceiling debate in August.
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Free exchange, Globe and Mail, The Huffington Post and National Review
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Debunking Austerity Madness: ZERO Job Growth in US, Gloomy Europe - Yet an Argentinean ‘Tango’ — The Village was rocked this Friday before Labor Day with yet more depressing economic news. According to the Bureau of Labor Statistics the U.S. labor market added 0 (that's right ZERO) …
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The Huffington Post, New York Times and NDN blogs
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Economy Added Zero Net Jobs In August, Unemployment Rate Stays At 9.1 Percent
Discussion:
Washington Monthly, Firedoglake, blogs.wsj.com and AMERICAblog News
Ezra Klein / Washington Post:
Wonkbook: A jobs plan that might actually work
Wonkbook: A jobs plan that might actually work
Discussion:
Wall Street Journal, ourfuture.org/blogs_chrono/*, Politics and Outside the Beltway
Howard Schneider / Washington Post:
Is austerity killing Europe's recovery?
Is austerity killing Europe's recovery?
Discussion:
ThinkProgress, Paul Krugman and Hullabaloo
Matthew Yglesias / ThinkProgress:
The Conservative Recovery Teeters Into Recession
The Conservative Recovery Teeters Into Recession
Discussion:
Washington Monthly
Daniel Indiviglio / The Atlantic Online:
Zero: That's How Many Jobs Were Created in August
Zero: That's How Many Jobs Were Created in August
Discussion:
National Review, AFL-CIO NOW BLOG and American Spectator
Christopher S. Rugaber / Associated Press:
Employers add no net jobs in Aug.; rate unchanged
Employers add no net jobs in Aug.; rate unchanged
Discussion:
Wall Street Journal, The Caucus, The Politico, Hot Air, The Strata-Sphere, 24/7 Wall St., The Powers That Be, Freakonomics and Datechguy's Blog
Jeff Gluck / SBNation.com:
Five NASCAR Drivers Decline President Obama's White House Invitation — President Barack Obama will honor NASCAR champion Jimmie Johnson and the 11 other Chase drivers from last year in a White House ceremony on Wednesday - but nearly half of the 2010 playoff contenders won't be there.
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Richard A. Serrano / Los Angeles Times:
White House received emails about Fast and Furious gun-trafficking operation
White House received emails about Fast and Furious gun-trafficking operation
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Michelle Malkin, Sipsey Street Irregulars, RedState, Washington Wire, Big Government and The Politico
Roger Simon / The Politico:
W.H. furious over speech delay
W.H. furious over speech delay
Discussion:
Outside the Beltway, Mediaite, The Hill, Washington Post, Wake up America, Hot Air, NationalJournal.com, Taylor Marsh, Ben Smith's Blog, Betsy's Page, msnbc.com, Big Government, Brilliant at Breakfast, JSOnline, Taegan Goddard's …, National Review, Patterico's Pontifications, Pajamas Media, The Enterprise Blog, PERRspectives, Seeing the Forest, Swampland, The Lonely Conservative and FrumForum
Jennifer Steinhauer / New York Times:
G.O.P. vs. Obama: Disrespect or Just Politics?
G.O.P. vs. Obama: Disrespect or Just Politics?
Discussion:
No More Mister Nice Blog, Prairie Weather and Moe Lane
Jackie Calmes / New York Times:
Plan to Create Jobs Is a Balancing Act for President Obama
Plan to Create Jobs Is a Balancing Act for President Obama
Discussion:
Hullabaloo, The New Republic, The Politico and Washington Post
CNN:
Republicans quickly react to August jobs numbers
Republicans quickly react to August jobs numbers
Discussion:
The Politico and Outside the Beltway
Jackie Calmes / New York Times:
White House Expects Persistently High Unemployment
White House Expects Persistently High Unemployment
Discussion:
americanthinker.com
Fox News:
Fox News Poll: Perry Overtakes Romney as Top GOP 2012 Pick; Most Say Palin Should Stay Out of Race — Even as Texas Gov. Rick Perry moves into the lead as Republican voters' preferred presidential candidate, a Fox News poll released Thursday shows that voters are more likely to view him as …
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Palin to Rip “Crony Capitalism” in Iowa Speech
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National Review, Politics, msnbc.com, GOP 12, Iowa Caucuses, Conservatives4Palin and The Daily Dish
Danny Yadron / Washington Wire:
Border Attack: Romney Hits Perry on Immigration
Border Attack: Romney Hits Perry on Immigration
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ImmigrationProf Blog
Christian Heinze / GOP 12:
Huge majority of tea partiers don't want Palin to run
Huge majority of tea partiers don't want Palin to run
Discussion:
The Political Carnival
Philip Rucker / Washington Post:
Illegal immigration is flash point for Republican White House hopefuls
Illegal immigration is flash point for Republican White House hopefuls
Discussion:
Politics, Swampland, Frontloading HQ, The New Republic, Chron.com, Pirate's Cove and Bangor Daily News
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U.S. Is Set to Sue a Dozen Big Banks Over Mortgages — The federal agency that oversees the mortgage giants Fannie Mae and Freddie Mac is set to file suits against more than a dozen big banks, accusing them of misrepresenting the quality of mortgage securities they assembled and sold …
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The Atlantic Online, Firedoglake, Guardian, CBS News, ThinkProgress, Swampland, New Deal 2.0, The Heritage Foundation, AMERICAblog News, Hot Air, Money & Company, The Politico, naked capitalism, Suburban Guerrilla, Pajamas Media, DownWithTyranny!, CANNONFIRE, Felix Salmon, New York Magazine, Mish's Global Economic …, Prairie Weather, Politics and Booman Tribune
Juliet Eilperin / Washington Post:
Obama pulls back proposed smog standards, in victory for business — President Obama abruptly pulled back proposed new national smog standards Friday morning, overruling the Environmental Protection Agency's efforts to compel states and communities nationwide to reduce local air pollution in the coming years or face federal penalties.
Discussion:
Online NewsHour, The Volokh Conspiracy, Daily Kos, Suburban Guerrilla and msnbc.com
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The White House:
Statement by the President on the Ozone National Ambient Air Quality Standards — Over the last two and half years, my administration, under the leadership of EPA Administrator Lisa Jackson, has taken some of the strongest actions since the enactment of the Clean Air Act four decades ago …
Discussion:
The Politico, New York Times, The Hill, Campaign 2012 and The Political Carnival
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Regulations, taxes aren't killing small business, owners say — WASHINGTON — Politicians and business groups often blame excessive regulation and fear of higher taxes for tepid hiring in the economy. However, little evidence of that emerged when McClatchy canvassed a random sample of small business owners across the nation.
Discussion:
Washington Monthly, ThinkProgress, Outside the Beltway, Wonkette and Zandar Versus The Stupid
Paul Krugman / New York Times:
Eric and Irene — “Have you left no sense of decency?” That's the question Joseph Welch famously asked Joseph McCarthy, as the red-baiting demagogue tried to ruin yet another innocent citizen. And these days, it's the question I find myself wanting to ask Eric Cantor, the House majority leader …
Discussion:
Washington Monthly, Northern Reflections and Prairie Weather
Steve Benen / Washington Monthly:
Take the chain-emails away from Perry — Most folks probably have some conservative friend or relative who sends right-wing chain emails their way. Hopefully, people know the vast majority of these political myths and urban legends are nonsense. — But Republican presidential hopeful Rick Perry seems …
Discussion:
PolitiFact, Balloon Juice and Trail Blazers Blog
Gary S. Becker / Wall Street Journal:
The Great Recession and Government Failure — When comparing the performance of markets to government, markets look pretty darn good. — The origins of the financial crisis and the Great Recession are widely attributed to “market failure.” This refers primarily to the bad loans …
Discussion:
The Volokh Conspiracy and Questions and Observations
Steve Benen / Washington Monthly:
GOP leaders stop taking credit for job data — When the jobs reports were looking quite good in the early spring, Republican leaders were eager to take credit for the positive numbers they had nothing to do with. After all, as far as GOP officials were concerned, their mere presence …
Discussion:
Daily Kos and Smartypants
Alicia M. Cohn / The Hill:
Dem ‘plans to ask a Republican to sit with him’ at joint session — There will likely be at least some bipartisan seating in the House chamber for President Obama's speech next week. — Sen. Mark Udall (D-Colo.) does not plan to renew his previous call for lawmakers to sit together in a symbolic gesture of unity.
Discussion:
Weasel Zippers and JammieWearingFool
Barney Frank / Washington Post:
The Senate refuses to consider Obama nominees — Once upon a time, we could have expected the following sequence: After considerable debate, Congress would have passed a bill creating an agency. The president would then nominate someone to head that agency. That nomination would be considered on its merits by the Senate.
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Politics, The New Republic, The Politico and Daily Kos
Bradley Hope / and breaking:
Road trip! American student joins rebels in fight for Qaddafi stronghold — Chris Jeon, 21, a student at at University of California - Los Angeles, decided to travel to Libya to join the rebels for the last six weeks of his summer vacation. Here he is surrounded by rebels who are amassing …
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Tucson Weekly, L.A. NOW, Mudville Gazette, Gawker, The Western Experience, New York Magazine and Felix Salmon, more at Mediagazer »